Precision Neuroscience

New York, United States Founded: 2021 • Age: 5 yrs
Brain-computer interfaces developed for medical treatment and drug development.
Annual revenue - Latest available
Total funding $182.7M 6 rounds
Employees 22 Tracked headcount
Investors 11 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Precision Neuroscience

Precision Neuroscience is a company based in New York (United States) founded in 2021 by Benjamin Rapoport, Demetrios Papageorgiou, Mark Hettick, and Michael Mager. Precision Neuroscience has raised $182.65 million across 6 funding rounds from investors including Mubadala, Jdpglobal and General Equity Holdings. The company has 22 employees as of December 31, 2022. Precision Neuroscience offers products and services including Layer 7 Cortical Interface and Processing Unit. Precision Neuroscience operates in a competitive market with competitors including Blackrock Neurotech, Nexstim, MindMaze, INBRAIN Neuroelectronics and Synergia Medical, among others.

  • Headquarter New York, United States
  • Employees 22 as on 31 Dec, 2022
  • Founders Benjamin Rapoport, Demetrios Papageorgiou, Mark Hettick, Michael Mager
  • Sectors
    Healthcare
    Technology
  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $182.65 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
    Mubadala

    & 10 more

  • Employee Count
    22

    as on Dec 31, 2022

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Products & Services of Precision Neuroscience

Precision Neuroscience offers a comprehensive portfolio of products and services, including Layer 7 Cortical Interface and Processing Unit.

Product name locked
Category locked
Primary

Implantable device records brain signals to control digital devices.

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Translates recorded brain signals into actionable data for devices.

Funding Insights of Precision Neuroscience

Precision Neuroscience has successfully raised a total of $182.65M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Precision Neuroscience

Precision Neuroscience has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Mubadala, Jdpglobal and General Equity Holdings.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multistage investments are directed toward technology, healthcare, and climate sectors.
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Investor details for Precision Neuroscience

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Investments & Acquisitions by Precision Neuroscience

Investments
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Investment portfolio details for Precision Neuroscience

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Financial Statements - Precision Neuroscience

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Detailed financials for Precision Neuroscience

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Precision Neuroscience Comparisons

Precision Neuroscience Primary company
Description
Brain-computer interfaces developed for medical treatment an...
Location
New York, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
22
As of 2022
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Peer comparison for Precision Neuroscience

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Competitors of Precision Neuroscience

Precision Neuroscience operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blackrock Neurotech, Nexstim, MindMaze, INBRAIN Neuroelectronics and Synergia Medical, among others.

Company Name Domain Founded year HQ Location Description
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Medical devices for neurological therapies are developed.
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Noninvasive brain stimulation is provided for stroke patient rehabilitation.
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Evidence-based digital neurotherapeutics are developed for brain health recovery.
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AI-based neuroelectronic devices for brain disorder detection are developed.
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Implantable neurostimulators and contactless monitoring systems are developed.
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Detailed competitors of Precision Neuroscience

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Latest news on Precision Neuroscience

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Complete news archive for Precision Neuroscience

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Frequently Asked Questions about Precision Neuroscience

Precision Neuroscience was founded in 2021.

Precision Neuroscience is headquartered in New York, United States. It is registered at New York, New York, United States.

Michael Mager is the current CEO of Precision Neuroscience. They have also founded this company.

Precision Neuroscience is a funded company, having raised a total of $182.65M across 6 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Precision Neuroscience is 22.

Precision Neuroscience was founded in 2021 in New York, United States, within the neuroscience sector. Brain-computer interface technologies are created by the company for applications in medical treatments and drug development. Operations focus on implants that enable AI-based computing, device integration, and neurological assessments. These tools support evaluations of illnesses and advancements in therapeutic solutions.

Precision Neuroscience's top competitors include Blackrock Neurotech, INBRAIN Neuroelectronics and Nexstim.

Precision Neuroscience offers Layer 7 Cortical Interface and Processing Unit.

Precision Neuroscience has 11 investors. Key investors include Mubadala, Jdpglobal, General Equity Holdings, B Capital, and Duquesne Family Office.

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